Copyright © 2022 Mintec Limited Contents
Oilseeds and Vegetable Oils
Rapeseed & Rapeseed Oil
9 Rapeseed Euronext - EUR/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
300
380
460
540
620
700
780
860
940
1020
1100
RSSP - Rapeseed '00' Euronext Paris (DH-0)
The Euronext rapeseed futures price declined for the fourth consecutive month in August, attributable to a y-o-y
increase in output. The average price of Euronext rapeseed futures was EUR 635/MT in August, down 4.7% m-om
but up 13.7% y-o-y.
The Canadian rapeseed market mirrored the trend seen in the EU rapeseed market, falling for the fourth
consecutive month on expectations of improved supply for the 2022/23 MY (Aug '22-Jul '23), and a plunge in
alternative oilseeds' prices. Consequently, the August average price of Canadian rapeseed was recorded at CAD
843/MT, down 1.7% m-o-m and 5.3% y-o-y.
Rapeseed Canada - CAD/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
400
550
700
850
1000
1150
1300
1450
RSS1 - Rapeseed ICE CA (DH-0)
Rapeseed Oil EU - EUR/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
650
850
1,050
1,250
1,450
1,650
1,850
2,050
2,250
RSOR - Rapeseed oil fob R'dam (MBP) (DH-0)
EU rapeseed oil prices declined in August, due to limited buying activity as market participants anticipated further
price reductions. Additionally, improvements in the supply of alternative vegetable oils contributed to the price
decline. Thus, the average Mintec Benchmark Prices (MBP) of spot EU rapeseed oil fell 5.6% m-o-m but
remained up by 29.7% y-o-y, at EUR 1,614/MT in August.
Rapeseed Oil Canada - CAD/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
800
1,100
1,400
1,700
2,000
2,300
2,600
2,900
3,200
3,500
LU25 - Rapeseed oil crude CA
In August, the average price of Canadian rapeseed oil rose for the first time since May 2022, due to higher demand
compared to the previous month. The August average price of Canadian rapeseed oil was up by 5.8% m-o-m, and
by 34.9% y-o-y at CAD 2,453/MT.